Polaris (NYSE:PII) Issues Earnings Results, Beats Expectations By $0.03 EPS

Polaris (NYSE:PII) posted its quarterly earnings results on Tuesday. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.03, Zacks reports. Polaris had a net margin of 2.64% and a return on equity of 17.92%. Polaris updated its FY 2025 guidance to 1.140-1.140 EPS.

Polaris Price Performance

PII opened at $56.39 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.21 and a quick ratio of 0.32. The company’s 50 day simple moving average is $60.42 and its 200-day simple moving average is $72.68. Polaris has a one year low of $52.62 and a one year high of $100.91. The stock has a market capitalization of $3.14 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 6.05 and a beta of 1.53.

Analyst Upgrades and Downgrades

PII has been the subject of a number of recent research reports. Truist Financial dropped their target price on Polaris from $76.00 to $60.00 and set a “hold” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada dropped their price objective on Polaris from $82.00 to $73.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd. Roth Mkm reduced their target price on shares of Polaris from $76.00 to $57.00 and set a “neutral” rating on the stock in a research note on Friday. Citigroup dropped their target price on shares of Polaris from $73.00 to $57.00 and set a “neutral” rating for the company in a research report on Thursday, January 23rd. Finally, DA Davidson reduced their price target on shares of Polaris from $84.00 to $69.00 and set a “buy” rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Polaris has an average rating of “Hold” and an average price target of $73.45.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.